Under Armour Inc. said Friday that it has partnered with the University of California, Berkeley for a 10-year agreement that will provide athletic gear, internships, jobs, discounts and more. The agreement, which starts July 1, 2017, will outfit the men's and women's teams in Under Armour gear. The additional benefits are part of UC Berkeley's University Partnership Program, which launched last summer. Under Armour shares are down 0.3% in Friday trading, but up 12.3% for the year so far. The S&P 500 is up 2.2% for the year to date.
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